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Money Market Demand Account
(redirected from M.M.D.A.)

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Money Market Demand Account (M.M.D.A.)
An account that pays interest based on short-term interest rates. Same as a Money Market Deposit Account

Money Market Demand Account
An account, such as a checking or savings account, that pays a certain (low) interest rate to the holder and from which funds may be withdrawn on demand. Money market demand accounts are included in most counts of money supply.


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